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Garth Company has the following items: treasury stock, $120,000; common stock, $825,000; deferred income taxes, $185,000, retained earnings, $430,000, and paid in capital in excess
Garth Company has the following items: treasury stock, $120,000; common stock, $825,000; deferred income taxes, $185,000, retained earnings, $430,000, and paid in capital in excess of par $200,000. What total amount should Garth Company report as stockholders' equity? A) $1,270,000 B) $1,760,000 C) $1,575,000 D) $1,335,000 E) none of the above
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